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Figure 10.2 -Refer to Figure 10.2.Why Is the Total Revenue Curve a Total

Question 60

Multiple Choice

Figure 10.2
Figure 10.2 -Refer to Figure 10.2.Why is the total revenue curve a ray from the origin? A) because revenue increases at an increasing rate B) because revenue increases at a decreasing rate C) because the firm can sell its product at a constant price D) because the firm must lower its price to sell more
-Refer to Figure 10.2.Why is the total revenue curve a ray from the origin?

A) because revenue increases at an increasing rate
B) because revenue increases at a decreasing rate
C) because the firm can sell its product at a constant price
D) because the firm must lower its price to sell more

Correct Answer: